Smr Jewels Limited logo

Smr Jewels Limited

SMRListed

SME IPO · BSE

Price Band

₹125 – ₹128

Lot Size

1000 shares

Issue Size

₹67 Cr

GMP (Grey Market Premium)

🔒 Login to view

About Smr Jewels Limited

SMR Jewels Limited is a jewellery company that specialises in Designer Heritage Jewellery inspired by India’s cultural traditions and artistic craftsmanship. The company designs and sells a wide range of jewellery collections, including theme-based jewellery inspired by mythology and spirituality, nature-inspired jewellery, bridal and festive jewellery, and traditional styles such as Jadtar, Meenakari and Polki jewellery. It combines traditional designs with modern styling to cater to changing customer preferences. The company primarily operates through a B2B business model, supplying jewellery to retailers, jewellery chains, boutique stores and other brands across India. Its revenue is mainly generated from the sale of jewellery products to these customers. SMR Jewels follows a design-led approach supported by an in-house design team and a network of skilled artisans and job workers across India. The company also participates in jewellery exhibitions to expand its customer base and market presence.

Issue Details
IPO Open Date26 May 2026
IPO Close Date3 Jun 2026
Basis of Allotment1 Jun 2026
Refunds Initiation2 Jun 2026
Listing Date8 Jun 2026
Face Value
Fresh Issue
Offer for Sale
Minimum Investment (Retail)₹1,28,000
Registrar
Lead Managers
IPO Timeline
Issue open date26 May 2026
Issue close date29 May 2026
UPI mandate deadline29 May 2026
Allotment finalization1 Jun 2026
Refund initiation2 Jun 2026
Share credit2 Jun 2026
Listing date3 Jun 2026
Mandate end date13 Jun 2026
Lock-in end date for anchor investors (50%)30 Jun 2026
Lock-in end date for anchor investors (remaining)29 Aug 2026
Strengths
  • SMR Jewels specialises in designer heritage jewellery inspired by Indian culture and traditions.
  • The company has strong relationships with jewellery retailers, brands, and boutique stores across India.
  • Its in-house design team and skilled artisan network support unique and customised jewellery designs.
  • The company follows a dual-phase outsourcing model that helps maintain design quality and confidentiality.
  • Participation in jewellery exhibitions has helped the company expand visibility and generate large customer orders
Risks
  • The company does not own its registered office and may face disruption if it has to relocate.
  • SMR Jewels depends on third-party artisans and job workers for manufacturing its jewellery products.
  • The company does not register its jewellery designs, increasing the risk of design copying by competitors.
  • Delays, modifications, or cancellations of customer orders may impact revenue and cash flows.
  • A large share of revenue comes from a limited number of key customers, creating customer concentration risk.
Subscription Status

Live subscription

Sign in to track subscription in real time.

Grey Market Premium

Grey market premium

Sign in to view live GMP and the estimated listing.